Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum
» Stock question: trading with unsettled funds
  1. Results 1 to 4 of 4
post 1658367233 03-22-2022, 08:53 AM
-
#1
  1. MagicBear
  2. Registered User
  1. MagicBear
  2. Registered User
  3. Join Date: Jul 2020
  4. Age: 56
  5. Posts: 1,058
  6. Rep Power: 2688

Stock question: trading with unsettled funds

Is trading with unsettled funds trading with margin?
post 1658367503 03-22-2022, 08:58 AM
-
#2
  1. xxAchillesxx
  1. xxAchillesxx
  2. Join Date: Sep 2008
  3. Posts: 19,524
  4. Subscribers: 2
  5. Rep Power: 389901
Nah, you'll only be able to trade with the unsettled fund amount. You can buy with unsettled funds, so long as you don't sell before they settle. That's a Good Faith Violation and gets you a slap on the wrist. Margin trading is trading with borrowed money.

TLDR: Trading with unsettled funds is trading with your own money that hasn't settled yet. Margin trading is trading with the brokerage's money.
"The dildo of consequences rarely arrives lubed."

See OptimusTrajan' sig
post 1658370903 03-22-2022, 09:58 AM
-
#3
  1. Bigbuster1
  2. 41oz King
  1. Bigbuster1
  2. 41oz King
  3. Join Date: Aug 2013
  4. Posts: 10,571
  5. Rep Power: 86766
Originally Posted By xxAchillesxx
Nah, you'll only be able to trade with the unsettled fund amount. You can buy with unsettled funds, so long as you don't sell before they settle. That's a Good Faith Violation and gets you a slap on the wrist. Margin trading is trading with borrowed money.

TLDR: Trading with unsettled funds is trading with your own money that hasn't settled yet. Margin trading is trading with the brokerage's money.
Yeah, exactly this.
post 1658371663 03-22-2022, 10:13 AM
-
#4
  1. Duckliver
  2. Offal
  1. Duckliver
  2. Offal
  3. Join Date: Jun 2013
  4. Location: Washington, United States
  5. Posts: 32,174
  6. Rep Power: 347469
You can do a quick transfer and invest immediately. You just can’t use it to day trade until it settles. (Or rather they will flag you and investigate wtf you are doing)
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts